International Textile Group's Burlington WorldWide division has signed a deal to acquire the business of worsted wool manufacturer Cleyn & Tinker.

ITG's president and chief executive officer Joseph Gorga said the acquisition would help the company to increase its potential and improve its product offering.

Kenneth Kunberger, president of Burlington WorldWide added: "The combination of these businesses provides us the ability to further develop classic and performance-driven fine wool products that bring value to our customers' brands."

Jonathan Hurstfield-Meyer, president and chief executive offficer of Cleyn & Tinker, said the company believed that the transaction was in the best interests of its long-term customers.

1930-established Cleyn & Tinker is based in Quebec, Canada, and manufactures worsted wool and wool blend fabrics for the men's wear, ladies' wear and career apparel markets.

Burlington WorldWide operates as a division of International Textile Group and produces and markets a wide range of synthetic and worsted wool fabrics.